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U.S. and European renewable market hit by subsidies cuts

Renewable energy projects in the United States and in Europe are hit by subsidy cuts, restricted access to financing and more competition which are hindering the emerging companies to accede on the energy markets.

read more... 30/11/2011

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Total to challenge French government decision to cancel shale gas permits

The French energy major Total will appeal against the French government’s decision in October this year to cancel its license for the exploration of shale gas in Montelimar, in the south of France, as Total chief executive Christophe de Margerie said.

read more... 29/11/2011

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Daily - European power retreats on mild weather expectations

ICE Brent crude oil futures eased 31 cents to $108.69 by 08:04 GMT on Tuesday as investors withdraw their profit watching carefully the way Europe would solve the debt crisis at a meeting later in the day.

read more... 29/11/2011

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Swiss nuclear phase out to cost € 16.8 billion

A recent study published by the Federal Office of Energy showed that Swiss exit from nuclear power will cost the country about 16.8 billion euros ($22.5 billion), 10% more than estimated in 2006.

read more... 29/11/2011

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Vattenfall to build a 576 MW offshore wind farm in North Sea

The Swedish utility Vattenfall AB is planning to build an offshore wind farm off the island of Sylt in the North Sea, aimed to supply 500,000 or more German households with electricity.

read more... 29/11/2011

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